Chirayuthchai TraisaengsatheanStrategic Finance for Property Development
THEN

Source of funds declaration

A source of funds declaration form for foreign buyers, used for KYC and AML before receiving a large payment or before transfer day

TemplateOwnership Transfer Operations Handbook

Extracted from Real Estate Project Ownership Transfer Operations Handbook · Appendix E Sample Letters
The declaration structure follows Appendix E of the handbook. The data entered is hypothetical and for illustration only.

Leave blank if not applicable

DECLARATION OF SOURCE OF FUNDS

Source of funds declaration

I, , a citizen of , holder of Passport No. , hereby declare that:

  1. I am the purchaser of Unit in for a total price of THB .
  2. The funds used for this purchase originate from the following legitimate sources:
    (a)
    (b)
    (c)
  3. All funds were lawfully earned and, where applicable, taxed in accordance with the laws of the relevant country.
  4. The funds were transferred to Thailand through: .
  5. To the best of my knowledge, none of the funds derive from illegal activity, money laundering or terrorist financing.
  6. I will provide further supporting documents if requested by the seller or the Thai authorities.

Signed at on .

Signature of Declarant
Notary Public / Apostille (if required)

Supporting documents to attach: copy of passport, 6 months of bank statements, evidence of income or of the sale of assets, SWIFT MT103 and the FET certificate for every instalment

Data you enter stays in your browser only; it is not sent to or stored on a server. This template is an example of document structure; a lawyer or other responsible person must review the wording before real use.

Points to watch

  • The sources of funds stated must be consistent with the supporting documents and the customer profile.
  • If the information is inconsistent or there are unusual signs, escalate the matter to the Compliance Officer in line with the AML red flags.
  • In some cases the signature must be certified by a Notary Public.

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